16 Tarawill Cres, Ferny Hills QLD 4055

16 Tarawill Cres, Ferny Hills QLD 4055
Highset on elevated 627m² | 3-bed, 1-bath, rumpus | 90% owner-occupied street | Bushfire overlay detected This property offers a rare configuration advantage in Ferny Hills: a highset 1980s home with a dedicated rumpus room and outdoor deck, sitting on a fully fenced 627m² block in a street where 90% of residents are owner-occupiers and 85% are long-term. The 228m² internal footprint, built-in robes, air conditioning, and solar panels make it immediately livable, while the balcony and entertainment area add functional outdoor space. It is best suited to a buyer seeking a solid family home in a stable, low-turnover pocket, with Patricks Road State School and Ferny Grove State High School catchment providing demographic support. The bushfire overlay is the primary risk, potentially affecting insurance premiums and future renovation scope; a professional bushfire assessment is recommended before committing. The single bathroom and one-car garage may limit appeal for larger families or those requiring multiple vehicles. The property is offered by negotiation, which gives a buyer room to structure an offer below the median-based estimate of $1,098,000, particularly if the bushfire overlay deters competing bids. For a buyer, this is a hold-and-improve proposition: maintain the existing layout, leverage the solar panels for energy savings, and benefit from the street’s strong owner-occupier character over time.
Detailed Independent Property Report prepared  by PropCred Analyst team for 16 Tarawill Cres, Ferny Hills QLD 4055
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk
Income Risk
Execution Risk 2
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Market Insight

This established family suburb is characterised by high owner-occupancy and a stable demographic profile. Demand is driven by professional couples with children seeking long-term homes, evidenced by rapid sales and a competitive market. Recent price growth has been strong, reflecting this sustained demand within a predominantly house-based market. Future performance will be anchored by this established appeal, though affordability remains a key consideration for entry.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

627m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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